economics
Singapore F&B Services Index: Fast Food Dominates as Caterers Recover
Food caterers climbed from a pandemic-era low of 32.8 in Nov 2021 to 99.96 by Dec 2025, while fast food outlets peaked at 129.83 in Dec 2022.
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Contains information from "Food & Beverage Services Index, (2017 = 100), In Chained Volume Terms, Monthly" accessed on 23 June 2026 from Singapore Department of Statistics (data.gov.
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sg (Singapore Department of Statistics)) which is made available under the terms of the Singapore Open Data Licence version 1.0 (https://beta.data.gov.sg/open-data-licence).
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from Singapore Singapore’s food and beverage sector has seen a lopsided recovery, with fast food outlets consistently outperforming pre-pandemic benchmarks while full-service restaurants languish below the 2017 baseline.
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Data from the Department of Statistics’ Food & Beverage Services Index, which tracks chained volume terms against a 2017 index of 100, reveals that between November 2021 and December 2025, the gap between quick-service and dine-in segments widened significantly.
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The fast food segment never dipped below the 100 mark except for a single month in February 2025, reaching a peak of 129.83 in December 2022. Over the entire 50-month period, it averaged well above the 2017 baseline.
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This sustained strength likely reflects a lasting consumer shift toward takeaway, delivery, and convenience meals that accelerated during pandemic restrictions and have since become entrenched.
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In contrast, restaurants struggled to regain footing. The restaurant sub-index hit its highest point of 97.54 in December 2021 but then drifted mostly in the 70s and 80s, ending December 2025 at just 80.78.
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This suggests that formal dining demand, often tied to tourist inflows and corporate entertainment, has not returned to pre-Covid patterns.
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Food caterers climbed from a pandemic-era low of 32.8 in Nov 2021 to 99.96 by Dec 2025, while fast food outlets peaked at 129.83 in Dec 2022.

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